Jeffrey Mezger on share repurchase
From $KBH KB Home Q1 2026 Earnings Conference Call · · EARNMOAR
“We repurchased 843,000 shares of our common stock at an average price below our current book value per share, which we believe is an excellent use of our cash accreted to both our earnings and book value per share and a factor in improving our return on equity over time. Inclusive of dividends, we returned almost $70 million in capital to our shareholders in the first quarter.”
On , Jeffrey Mezger, Chairman & Chief Executive Officer at KB HOME, spoke about share repurchase during $KBH KB Home Q1 2026 Earnings Conference Call on EARNMOAR.
About Jeffrey Mezger
Jeffrey Mezger, executive chairman of the board of KB Home, presided over the company’s 2026 annual meeting of stockholders on April 23, 2026. During the meeting, he called the proceedings to order, identified the board members in attendance, and declared that a quorum was present. Mezger noted that the meeting was conducted under posted rules of conduct and that stockholders could submit questions via a Q&A tab. He stated that the polls were closed and that final voting results would be reported in a public filing. Mezger reported that no pertinent questions were received from stockholders during the meeting. He then called for a motion to conclude the meeting, which was seconded, and declared the meeting adjourned. The meeting included the ratification of Ernst & Young LLP as the company’s independent registered public accounting firm for the fiscal year ending November 30, 2026.